Is Argent Focused Small Cap ETF halal to invest in?

As of September 2026, Argent Focused Small Cap ETF ALIL is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.

Is Argent Focused Small Cap ETF a Shariah-compliant ETF?

An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes Argent Focused Small Cap ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for Argent Focused Small Cap ETF updated?

The Shariah compliance status of Argent Focused Small Cap ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like Argent Focused Small Cap ETF become non-compliant?

Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.

Where can I check the Shariah status of Argent Focused Small Cap ETF?

You can check the latest Shariah compliance status of Argent Focused Small Cap ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

Argent Focused Small Cap ETF ALIL

ALIL Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Argent Focused Small Cap ETF is classified as not halal.

NOT HALAL

Is Argent Focused Small Cap ETF Halal?

Shariah Compliance Analysis of ALIL ETF

US Equity Small Cap

No. As of September 2026, Argent Focused Small Cap ETF (ALIL) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Argent Focused Small Cap ETF does not pass Musaffa's business and financial screening criteria.

ALIL was created on 2025-04-08 by Argent. The fund's investment portfolio concentrates primarily on small cap equity. The ETF currently has 20.97m in AUM and 44 holdings. ALIL is an actively managed, narrow selection of US small-cap stocks. The selection process is heavily based on fundamental research and weighted based on analyst conviction. The investment objective is to outperform the Russell 2000 over the long term.

Argent Focused Small Cap ETF (ALIL) Chart

Key Statistics of Argent Focused Small Cap ETF (ALIL)

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FAQ's for Argent Focused Small Cap ETF (ALIL)

As of September 2026, Argent Focused Small Cap ETF ALIL is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes Argent Focused Small Cap ETF using these criteria to determine its compliance status.
The Shariah compliance status of Argent Focused Small Cap ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.
Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.
You can check the latest Shariah compliance status of Argent Focused Small Cap ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.